Banking and Finance

Cypriots are increasingly favouring digital payment methods, with card transactions now accounting for 75 per cent of total payment volume, the second-highest share in the eurozone after Portugal, according to data ...

The Cyprus Securities and Exchange Commission (CySEC) has announced a series of settlements and administrative fines targeting violations of securities and transparency legislation by regulated and listed entities. Firstly, CySEC ...

Money growth slowed down in the euro area during December 2025, with households and businesses adding to their savings at a more modest pace during this time, according to a report ...

Euro area net saving fell to €863 billion in the four quarters to the third quarter of 2025, according to a report from the European Central Bank (ECB). This compared with €877 billion ...

Cyprus recorded the highest level of non-performing loans in the European Union in 2024, highlighting a key vulnerability in public sector balance sheets, according to Eurostat. The data published by Eurostat ...

Cyprus household financial assets rose to €63 billion at the end of September 2025, with more than half held in liquid and loan-related instruments, according the Central Bank of Cyprus (CBC). According ...

The Central Bank of Cyprus (CBC) on Friday reported that Cyprus’ GDP growth rate is expected to decelerate to 3.5 per cent in 2025, compared with 3.9 per cent in 2024, while remaining robust ...

Cypriots are increasingly turning to card payments, placing the country among the eurozone’s top adopters of non-cash transactions, data published this week by the European Central Bank (ECB) showed. ...

The annual growth rate of deposits reached 6.50 per cent and that of loans rose to 10.70 per cent in December 2025, according to data released on Thursday by the Central Bank of ...

Eurobank solidified its role as a primary financial architect between India and Europe by spearheading discussions at the Cyprus-India Business and Investment Summit 2026 held in Mumbai on January 28. “The summit ...

The Cyprus Securities and Exchange Commission (CySEC) has launched a comprehensive survey aimed at measuring the economic impact of the entities under its supervisory and registration remit. The initiative targets ...

Eurobank on Wednesday announced that it renewed its cooperation agreement with the non-profit organisation Cyprus Seeds for a seventh consecutive year in January 2026, reaffirming its long-term commitment to innovation, scientific ...

The National Bank of Greece successfully completed a €600 million green senior preferred bond issue in international markets, marking a major funding milestone for the bank. According to an announcement by ...

The Cyprus Securities and Exchange Commission (CySEC) on Tuesday issued a warning to investors over a number of websites that are operating without authorisation to provide investment services. The commission ...

Eurobank on Tuesday announced the launch of its upgraded €pistrofi rewards programme, reshaping cardholder benefits in Cyprus and Greece as part of a broader enhancement of its customer offering. The ...

The Bank of Cyprus (BoC) has announced its financial calendar for 2026, with the first scheduled event being the release of its preliminary full-year 2025 financial results. The results, which will be ...

Eurobank on Monday announced that the percentage of its voting rights held indirectly by the Capital Group Companies, Inc. exceeded the threshold of 5 per cent. The disclosure was made pursuant ...

National Bank of Greece Cyprus took part in the 13th Banking Payments and Fintech Forum and Expo, contributing to discussions on the future direction of the banking sector and the ...

The Bank of New York has awarded the Bank of Cyprus (BoC) with the ‘STP AWARD 2025’ for a fourth consecutive year, in recognition of the high-quality procedures the bank follows ...

The European Banking Authority (EBA) and the Authority for Anti-Money Laundering and Countering the Financing of Terrorism have completed the transfer of all AML/CFT mandates and functions. This handover ...

Alpha Bank’s IQonomy initiative delivered measurable social value in 2024 by strengthening financial literacy among vulnerable groups, according to social impact measurement studies conducted by HIGGS. The studies assessed the ...

The Joint Bank Reporting Committee recently published its Work Programme for 2026, outlining the primary priorities and deliverables designed to harmonise the European banking sector. In parallel with this release, the ...

Greek banks are currently designing new development models and orienting themselves toward fresh sources of revenue and profitability as their customer base changes rapidly. According to a report by Greek ...

The Cyprus Commission for the Protection of Competition announced on Friday that it had received a merger notification concerning the acquisition of a portfolio of non-performing loans from Alpha Bank ...